Moshe Biton Acquires Multifamily Asset At 101 Southeast 9th Street For $3.2M
101 Southeast 9th Street
$3,200,000
$318/SF
Building Size
10,044 SF
Asset Type
MultiFamily
Closing
Jun 19, 2025
AI
This transaction involved a multifamily asset located at 101 Southeast 9th Street in Hallandale Beach. The property consists of 15 units and spans a total area of 10,044 square feet, with a price per unit of $213,333 and a price per square foot of $318. The sale price was $3,200,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Units: 15
- Square Feet: 10,044
- Price Per Unit: $213,333
- Price Per Square Foot: $318
- Buyer: Moshe Biton
- Seller: Elaine C Ojeda
- Broker: Moshe Biton - Capital Group Realty
Moshe Biton represented the buyer in this transaction. Capital Group Realty, the firm he leads, specializes in exclusive, off-market commercial deals, boasting deep market knowledge, a powerful private network, and a strong track record across South Florida.
Players
Hallandale Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93